Daily News Letter Dated 29th May 2008---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 29^th May 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/

E-Mail: info@ibnservice.com or stock@ibnservice.com

Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:00PM only)

Advice: Book profits in Day-trade at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Last Close: 16525.37 (249.78) Resis – 16850, 17000, 17750, 18100 Supports – 16100, 16000, 15650, 15300

NIFTY: Last Close: 4918.35 (58.55) Resis – 5000, 5050, 5240, 5320, 5400 Supports – 4800, 4675, 4600, 4500, 4450

Sensex Range for This Week: 15650-17500 above which it will touch 18000 Below Tgt 15300; Support at 16000 closing.

F&O expiry today, Mkt will show short covering & volatility due to rollover. The Mkt bias remains +ve for today with Nifty hurdle at 5000-5050. Hot Sector Today: R-Group & Banks.

BTST/ STBT in Last Trade (Cash /Fut.): BINDAL FUT (BUY 39 SL 38 TGT2 Achieved) UNIPHOS (BUY 333 SL 327 Tgt 339)

Hot in Street: Chambal, Mphasis, Tatachem, Axisbnk, Ambuja, Geship, Sunpharma, Star, Itc, Balram, Tatastel etc

Board Meetings Today: ADLABS, HIND PET, LITL, LT, NTPC, ORCHID CHEM, POWERGRID, GMRIND, CINEMAX etc

IPO DIARY: Niraj Cement Structurals Ltd (App. Date: 26 - 30 May), (Offer Price: 175--190) Our View: Subs At Lower.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
RENUKA (118.70)	Buy C/F At 115-Cmp	121		123-125	112	Sugar stocks will show sharp recovery in C/F.
SASKEN (147.25)	Buy C/F At 143-147	150		152-154	140	Best stock 4 day-traders in C/F, sharp run seen
Derivative- Future (Strategy for today)
POWERGRID (98.90)	Buy Jun Fut. At 99-97		101	103-104	Bel 95	Max Profits: 10000++	Result today, expect good news.
……………. (……….)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 3000
ACC- June (674.60)	Grab At 660-CMP		685	691-697	Bel 650	Max Profits: 5000++	Oversold on charts, Just buy bulk tday.
………… (………….)	……………...		Hedging Positions			Max Loss: Rs. 2000
Derivative- Option
………..-Jun CA60 (4.25)	Buy Bulk At 3-4		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 10000+++	Trade for 4-5 days 4 good gains, Resis 70.
………..-Jun CA70 (1.45)	Sell 2lots With CA60					Max Loss: Rs. 2000
Investment Pick
……….. (………..) (47.00)	Buy Bulk At 40-47		70	80-100	Bel 25	Just buy in bulk for 6-12 months 4 super gains.

Last Trade (28^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 45113.00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day target achieved.

Hot stocks in this month (May 2008)
……….. (232.00)	Must Buy C/F 215-230	250	257-264	200	All infra stock will b hot this month, Also DLF
……….. (245.65)-Revised	Grab C/F At 235-245	275	290-300	225	Best pick among IT Sector for good gains now.
……….. (650.00) -Revised	Must Buy C/F 650-630	700	720-740	Bel 600	Oversold stck, another is RNRL which is good
BHARAT FORGE (293.8)	Must Buy C/F 280-290	310	315-320	272	Bangs Tgt2. Still Looking Strong For Tgt3

Daily Perf Report (Last Trade): http://nse-bse.blogspot.com/

Weekly Performance Report (19^th -23^rd May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst_23.html

Monthly Report (April): http://nse-bse.blogspot.com/2008/04/monthly-perf-report-online-calls-btst.html

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi OR ibnservice OR nse_bse4gain

Disclaimer – India Stock {A unit of India Business Network (IBN) Services, New Delhi} has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, India Stock does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. India Stock especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. India Stock will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. India Stock will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area, or in a hyperlinked area. By: India Stock (A Unit of IBN Services, New Delhi). Write to: ibnservices@gmail.com Visit: http://nse-bse.blogspot.com/ OR http://indiastock1.blogspot.com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444